Business Impact Risks
An engineering manager at a major software organization placed the following framed plaque on his wall the common sense to run like hell whenever marketing sets project deadlines and god grant me brains to be a good project manager!. The marketing department is driven by business considerations and business considerations sometimes come into direct conflict with technical realities. There are the following risk item in checklist identifies generic risks related with business impact:
- Effect of this product on industries revenue?
- Visibility of this product to senior management?
- Reasonableness of delivery deadline?
- The consistency of their needs relative to the product and Number of customers who will use this product?
- Number of the other products or systems with that this product must be interoperable?
- Sophistication of end users?
- Quality and Amount of product documentation which must be produced and delivered to the customer?
- Governmental constraints on the construction of the product?
- Costs related with late delivery?
- Costs related with a defective product?
The Each and every response for the product to be established must be equalized to past experience if a large % deviation occurs or if numbers are same but past results was considerably less than satisfactory, risk is high.